Market Snapshot: July 2014

11th January 2017

WRAP's Market Snapshot provides an overview of recent developments in recovered material markets and is updated on a regular basis.

Key points:
UK recovered material prices generally declined during the first half of 2014
Recovered paper and plastic prices have been impacted by the increase in container freight rates introduced in April and the strength of the pound which has negatively affected export demand
Finally recovered textile prices declined by 20% between January and April 2014

Overview

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Paper

News & PAM prices fell by 6% since the start of 2014 to around £90 per tonne. Meanwhile domestic OCC and mixed paper and board prices fell by 15%-20% over the period to £70 per tonne and £55 per tonne respectively.

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Plastics

Recovered plastic bottle prices have generally declined during the first half of 2014. Higher container freight rates (introduced in April) and the strength of the pound (which has made UK exports more expensive) as well as lower virgin plastic prices have weighed on UK recovered plastic prices.

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Glass

Recovered glass container prices are generally unchanged during the first half of 2014. The main exception was green cullet prices which fell by 15% to £23 per tonne.

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Textiles

Recovered textile prices have declined by around 20% since the start of 2014. Textiles sourced from banks are valued at around £290 per tonne while charity shop textiles (the value that a charity receives for charity shop clothing sold to merchants that collect the garments from the shop) valued at £365 per tonne.

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Aluminium and steel

Recovered aluminium can prices fell by 7% since the start of 2014 to around £690 per tonne in June while primary aluminium prices are unchanged over the same period.  

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